HomeReal Estate & DevelopmentAvison Young completes Elizabeth renovations on behalf of Terreno Realty Corp.

Avison Young completes Elizabeth renovations on behalf of Terreno Realty Corp.

Office space was repositioned from single tenant to multitenant layouts

Avison Young New Jersey on Monday said its Project and Construction Management groups completed the renovations for 620 Division St. in Elizabeth on behalf of Terreno Realty Corp.

AY was responsible for the interior repositioning of the 154,527-square-foot corporate office/warehouse building in Elizabeth, spanning 31,492 square feet across two floors into a multitenant space.

AY Senior Project Manager Alan Zambarano, who is based in the firm’s New Jersey office, oversaw the construction on behalf of the landlord.

“Terreno Realty Corp. has done a tremendous job upgrading the office suites and common areas at 620 Division St. to appeal to a diverse range of occupier industries,” Zambarano said. “By renovating the entire office building, including the lobby, from a single tenant space into multiple offices, the building will provide several new opportunities for companies of various sizes seeking modernized, flexible space.”

620 Division St. is currently 77% leased. Ownership planned and executed a series of capital improvements to the building to upgrade its office spaces and lobby, which was completed in February 2022.

“We have a longstanding relationship with Alan Zambarano and Avison Young and, given their proven track record of successfully completing construction projects, they were the clear choice for the assignment,” said Jake DeConinck at Terreno Realty Corp. “Our vision is to create an upgraded experience for our tenants.”

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